'Fast Money' Pops and Drops: Up the Amazon
Here's what CNBC's "Fast Money" traders had to say about some of the market's biggest movers on their "Pops and Drops" segment Monday.
Pops
Amazon.com
(AMZN) - Get Report
popped 8%. Karen Finerman said Goldman Sachs added it to its conviction buy list. She said that at 50 times earnings, she's skeptical that it's a buy.
Golar
(GLNG) - Get Report
was up 4%. Finerman said she doesn't know why the stock went up.
Dish Network
(DISH) - Get Report
climbed 3%. Jeff Macke said a new acquisition and nice subscriber numbers helped the stock go higher.
Pacific Ethanol
(PEIX) - Get Report
jumped 61%. Pete Najarian said it's easy for a stock to rise so much when it's has been hammered. He also observed heavy short interest in the name.
Drops
Campbell Soup
(CPB) - Get Report
dropped 6%. Macke said the company raised prices and lost market share.
BCE
(BCE) - Get Report
lost 6%. Najarian said the company has a large acquisition on the table. Many people think the deal will fall apart, he said.
Manitowoc
(MTW) - Get Report
fell 4%. Guy Adami said the company is fighting over a takeover of another company but said the stock is compelling on a valuation basis.
Perfect World
(PWRD)
plummeted 13%. Adami said the company thinks the earthquake in China will hurt things in future.
Apple
(AAPL) - Get Report
slipped 2%. Finerman said that's hardly a drop, given the run the stock has had.
Royal Bank of Scotland
(RBS) - Get Report
lost 5%. Macke said Warren Buffett said he's not interested in the company's insurance business.
DeVry
(DVY) - Get Report
slumped 4%. Adami said the Justice Department is investigating the educator for recruiting violations.